[April
16, 2014]Logan-Mason-Menard Regional
Superintendent of Schools Jean Anderson's office has received a payment of Logan County sales tax revenue for school
facilities. The payment covers the sales month of
September 2013, and the amount received
was $137,975.12.

These funds go to all public school districts that have territory in
Logan County, based on the number of students who live in that
territory. The funds may be used by the districts for school
facility purposes outlined in the School Code portion of the
Illinois Compiled Statutes. Distributions are based on housing and
enrollment numbers that school officials reported to the Illinois
State Board of Education in the fall of 2013.

The funds received will be distributed to the school
districts on or before
May 5.

State law directs regional education offices to distribute these
funds and allows the offices to hold the funds in their accounts for
up to 30 days. School districts maintaining agreements with Regional
Office of Education 38 permit the office to keep interest earned on
the funds during that time. Interest accrued will be used to provide
services to the school districts in the region, including the
additional work and inspections resulting from expected
construction, renovation and maintenance projects. The school
districts receive a report on how much interest money is earned and
how it is being spent. When no agreement is present, funds for that
particular district are deposited in a non-interest-bearing account
until distribution.